COMPARISON OF ACCOUNTING FOR GOVERMENT GRANTS PROVIDED TO TOURISM COMPANIES IN TERMS OF TAS-20 STANDARD AND UNIFORM ACCOUNTING SYSTEM

Tourism, which is an investment oriented sector, particularly after 1980s developed significantly in Turkey, with the support of government grants for the sector and it has an important role in the improvement of balance of payments, decrease in balance of payments deficit and unemployment rates via foreign exchange inflow to the country in financially distressed periods. The concept of grant and the government grants provided to the tourism sector in Turkey, TAS-20 Standard and the Uniform Accounting System are explained in detail within this study. It is attempted to identify similarities and differences by examining comparatively the accounting for government grants in terms of TAS-20 Standard and Uniform Accounting System, and in this context a hypothetical application is included. In the hypothetical application which includes the main types of grants provided to tourism enterprises, accounting for the government grants is applied in accordance with both TAS-20 and Uniform Accounting System. In the conclusion section, it is aimed to eliminate the differences by comparing the applications and then suggestions are presented